slovenian mutual fund industry key facts and figures september 2015
TRANSCRIPT
Slovenian mutual fund industry
Key facts and figures
September 2015
AGENDA• Overview of slovenian economic developments and
influence of those on the mutual fund flows
• Slovenian mutual fund industry and comparison with other countries
OVERVIEW OF SLOVENIAN ECONOMIC DEVELOPMENTS AND INFLUENCE OF THOSE ON THE MUTUAL FUND FLOWS
Fund flows and AUM
Influence of stock market on investor sentiment in Slovenia
-80.000
-60.000
-40.000
-20.000
0
20.000
40.000
60.000
80.000
0
20
40
60
80
100
120
dec.
07
mar
.08
jun.
08
sep.
08
dec.
08
mar
.09
jun.
09
sep.
09
dec.
09
mar
.10
jun.
10
sep.
10
dec.
10
mar
.11
jun.
11
sep.
11
dec.
11
mar
.12
jun.
12
sep.
12
dec.
12
mar
.13
jun.
13
sep.
13
dec.
13
mar
.14
jun.
14
sep.
14
dec.
14
mar
.15
jun.
15
Comparison of fund flows with market movements
Net Flows (RHS) Index SBITOP (LHS) Index S&P European 350 (LHS)
… pretty much the same as elsewhere
Influence of unemployment on investor sentiment
-80.000
-60.000
-40.000
-20.000
0
20.000
40.000
60.000
80.000
0
2
4
6
8
10
12
14
16
Fund flows and unemployment rate
Net Flows (RHS) Unemployment rate (%) - RHS
GDP and fund flows
-80.000
-60.000
-40.000
-20.000
0
20.000
40.000
60.000
80.000
-12
-10
-8
-6
-4
-2
0
2
4
6
8
dec.
07
mar
.08
jun.
08
sep.
08
dec.
08
mar
.09
jun.
09
sep.
09
dec.
09
mar
.10
jun.
10
sep.
10
dec.
10
mar
.11
jun.
11
sep.
11
dec.
11
mar
.12
jun.
12
sep.
12
dec.
12
mar
.13
jun.
13
sep.
13
dec.
13
mar
.14
jun.
14
sep.
14
dec.
14
mar
.15
jun.
15
Slovenian GDP growth and fund flows
Net Flows (RHS) GDP growth (% YOY) - RHS
Retail trade and fund flows
-80.000
-60.000
-40.000
-20.000
0
20.000
40.000
60.000
80.000
-20
-15
-10
-5
0
5
10
15
20
dec.
07fe
b.08
apr.0
8ju
n.08
avg.
08ok
t.08
dec.
08fe
b.09
apr.0
9ju
n.09
avg.
09ok
t.09
dec.
09fe
b.10
apr.1
0ju
n.10
avg.
10ok
t.10
dec.
10fe
b.11
apr.1
1ju
n.11
avg.
11ok
t.11
dec.
11fe
b.12
apr.1
2ju
n.12
avg.
12ok
t.12
dec.
12fe
b.13
apr.1
3ju
n.13
avg.
13ok
t.13
dec.
13fe
b.14
apr.1
4ju
n.14
avg.
14ok
t.14
dec.
14fe
b.15
apr.1
5ju
n.15
Slovenian retail trade change and fund flows
Net Flows (RHS) Retail Trade
SLOVENIAN MUTUAL FUND INDUSTRY, COMPARISON WITH OTHER COUNTRIES AND FUTURE PROJECTIONS
Comparison of AUM by type of fund
Equity Balanced Bond Money Market0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
Slovenia
Equity Balanced Bond Money Market
Other0%
10%20%30%40%50%60%70%
EU
Equity Balanced Bond Money Market
0%10%20%30%40%50%60%70%
USA
• Only Japan has more – app. 90% in equity funds
EFAMA – june 2015 statistics Ici.org – Q1 2015 statistics
Securities Market Agency – july 2015 data
Assets per capita by country in correlation with GDP
0
10.000
20.000
30.000
40.000
50.000
60.000
70.000
0 10.000 20.000 30.000 40.000 50.000 60.000 70.000 80.000
Mutual fund assets per capita
Mutual fund assets per capita Expon. (Mutual fund assets per capita)
BU, TR, RO, CRO
HU, PL, GR, PO, SL, SV, CZ
SP, IT
CH
NO
Other EU
GDP/p.c.
Assets/p.c.
EFAMA projections
Thank you for your attention!